Bourse lifts Union Cement trading halt

Published:
09 July 2004

The Philippine Stock Exchange (PSE) has lifted the suspension order on the trading of Union Cement Corp. after the company disclosed its new ownership structure. The exchange immediately lifted the ban after Union Cement said the ownership structure was unchanged despite Bacnotan Consolidated Industries, Inc.’s sale of its 51 per cent stake in Union Cement Holdings Corp. to Cemco Holdings, Inc.